About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Reuters Offers Bear Stearns CDS Prices Alongside Composite

Subscribe to our newsletter

Reuters has teamed with Bear Stearns Pricing Direct (PricingDirect) to provide its customers with credit default swaps and interest rate swaps prices from PricingDirect, alongside its own composite. For Bear Stearns Pricing Direct, this is an opportunity to tap into a significant distribution network, especially outside the US.

According to Bob Rose, senior managing director, Bear Stearns Pricing Direct, “the partnership is off and running”, with a number of coverage and quality evaluation tests already under way. Michele Kelsey, product business owner – DataScope Pricing and Reference – confirms “the activity is already proceeding better than planned”.

Increasingly, regulatory requirements are mandating the use of multiple price sources from a choice of providers for pricing and fund valuation, says Kevin Bradshaw, global head of Enterprise Information, Reuters. “Bear Stearns is seen as best in class for particular parts of the CDS market, and now our clients have the option to source Bear Stearns prices and ours via one source. In the future we will look to build this capability out by adding our own prices and those from further partners,” he says.
Forging such partnerships is not merely a function of high quality prices, he adds. “One of the challenges with adding partners, quite aside from ensuring the quality of pricing, is their readiness to support customers in a production environment. Bear Stearns runs this as a pricing service in its own right, and therefore has both the fixed income capability and the production team. In other instances, the quality of pricing might be high, but the provider is not geared up to operating as a pricing vendor.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Mastering Data Lineage for Risk, Compliance, and AI Governance

Financial institutions are under increasing pressure to ensure data transparency, regulatory compliance, and AI governance. Yet many struggle with fragmented data landscapes, poor lineage tracking and compliance gaps. This webinar will explore how enterprise-grade data lineage can help capital markets participants ensure regulatory compliance with obligations such as BCBS 239, CCAR, IFRS 9, SEC requirements...

BLOG

Innovative Systems Wins Best Data Solution for Regulatory Compliance Award at A-Team Group’s DMI USA Awards 2025

Innovative Systems has won the award for Best Data Solution for Regulatory Compliance for its FinScan Enhance solution in the Data Management Insight USA Awards 2025. The awards recognise established providers and innovative newcomers who offer solutions that are providing leading data management solutions, services and consultancy to capital markets participants across Europe. Winners are selected...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...